TVI Pacific Inc (TVIPF)

[ChuckD-MSB]

TVI Pacific Enters Loan Arrangement with TG World Energy Corp.

03/01/2011
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CALGARY, ALBERTA--(Marketwire - March 1, 2011) - TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) ("TVI" or "the Company") announces that it has entered into an unsecured loan arrangement (the "Loan") with TG World Energy Corp. ("TG World") for US$500,000. The full amount of the Loan will be advanced immediately to TG World and will be used to fund obligations in the Philippines. The Loan carries an interest rate of 15% and matures on March 14, 2011.

As previously announced, TVI and TG World have entered into an Arrangement Agreement whereby holders of TG World shares will receive 0.458 of a common share of TVI for each TG World share held. The Arrangement is subject to approval of TG World shareholders at a meeting to be held on March 4, 2011.

About TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF)

TVI Pacific Inc. is a publicly-traded copper producer focused on the production, development, exploration and acquisition of precious and base metal mining deposits in the Philippines. The Company's interest in the Canatuan Mine and its other Philippine assets are held through its affiliate, TVI Resource Development (Phils.), Inc.

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The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

http://www.tvipacific.com/Investors/news/News-Release-Details/2011/TVI-Pacific-Enters-Loan-Arrangement-with-TG-World-Energy-Corp1124347/default.aspx